At 20:30 tonight, the United States will announce the latest CPI data, which will have a significant impact on the trends of Crypto Assets such as Bitcoin and Ethereum. The market expects the core CPI year-on-year to be 2.9%, while the previous value was 2.7%; the core CPI year-on-year is expected to be 3.1%, the same as the previous value.



CPI data affects the Federal Reserve's monetary policy decisions, which in turn impacts the cryptocurrency market. Generally, higher CPI data leads to a stronger dollar, and although Bitcoin is hailed as "digital gold," it is currently more susceptible to the movements of the dollar and interest rate expectations. Conversely, lower CPI data may enhance expectations of interest rate cuts, providing a boost of funds to the cryptocurrency market.

According to the different CPI data results, the crypto assets market may experience the following situations:

1. If the CPI is higher than expected, the Federal Reserve may reconsider raising interest rates, the US dollar will strengthen, Bitcoin may drop to $110,000, and Ether may fall below $4,280.

2. If the CPI is below expectations, market rate cut expectations may explode, Bitcoin is expected to challenge $115,000, while Ethereum may challenge the $4,500 mark.

3. If the CPI meets expectations, the market may experience a "buy the expectation, sell the news" phenomenon, and in the short term, the prices of Crypto Assets may be dominated by fluctuations.

It is worth noting that although Bitcoin is often regarded as "digital gold", its performance may differ from that of traditional safe-haven assets in the current market environment. When high inflation drives the dollar stronger, Bitcoin may actually come under pressure, a seemingly contradictory phenomenon that reflects the uniqueness and complexity of the crypto assets market.

Investors should closely monitor the market reaction after the release of CPI data and make corresponding investment decisions based on their own risk tolerance. At the same time, it's important to recognize the high volatility of the crypto assets market and to manage risks appropriately.
BTC1.33%
ETH2.91%
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ClassicDumpstervip
· 14h ago
Adjusting position is crucial for survival.
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DataPickledFishvip
· 14h ago
It is also not possible to be higher than expected.
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Ser_APY_2000vip
· 15h ago
Just wait for the CPI to reveal the outcome.
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AllInAlicevip
· 15h ago
Opening a single order for CPI data
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